0001209191-23-050418.txt : 20230922 0001209191-23-050418.hdr.sgml : 20230922 20230922180915 ACCESSION NUMBER: 0001209191-23-050418 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230921 FILED AS OF DATE: 20230922 DATE AS OF CHANGE: 20230922 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Perche Patrice CENTRAL INDEX KEY: 0001924858 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34511 FILM NUMBER: 231272690 MAIL ADDRESS: STREET 1: C/O FORTINET, INC. STREET 2: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Fortinet, Inc. CENTRAL INDEX KEY: 0001262039 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 770560389 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 408-235-7700 MAIL ADDRESS: STREET 1: 899 KIFER ROAD CITY: SUNNYVALE STATE: CA ZIP: 94086 FORMER COMPANY: FORMER CONFORMED NAME: FORTINET INC DATE OF NAME CHANGE: 20030902 4 1 doc4.xml FORM 4 SUBMISSION X0508 4 2023-09-21 0 0001262039 Fortinet, Inc. FTNT 0001924858 Perche Patrice C/O FORTINET, INC. 899 KIFER ROAD SUNNYVALE CA 94086 0 1 0 0 Chief Revenue Off./EVP Supp. 0 Common Stock 2023-09-21 4 M 0 3805 22.90 A 29535 D Common Stock 2023-09-21 4 M 0 3725 34.39 A 33260 D Common Stock 2023-09-21 4 S 0 7430 59.0933 D 25830 D Common Stock 2023-09-21 4 S 0 100 59.82 D 25730 D Stock Option (right to buy) 22.90 2023-09-21 4 M 0 3805 0.00 D 2027-02-21 Common Stock 3805 19040 D Stock Option (right to buy) 34.39 2023-09-21 4 M 0 3725 0.00 D 2028-02-19 Common Stock 3725 63340 D The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2022 and modified on December 6, 2022. Represents the weighted average sale price. The lowest price at which shares were sold was $58.75 and the highest price at which shares were sold was $59.68. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein. 1/4 of the shares subject to the option vested on February 21, 2021 and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. 1/4 of the shares subject to the option vested on February 19, 2022, and 1/48 of the shares subject to the option will vest monthly thereafter, subject to the Reporting Person's provision of service to the Issuer on each vesting date. /s/ Robert Turner, by power of attorney 2023-09-22